Efficiency and Stabilization: Reducing Okun Gaps and Haberger Triangles

Hairault, Jean-Olivier, Langot, François and Portier, Franck (2001) Efficiency and Stabilization: Reducing Okun Gaps and Haberger Triangles. Economics Letters, 70 (2). pp. 209-214.

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Official URL: http://tse-fr.eu/pub/1353

Abstract

We provide in this paper a simple example of a dynamic stochastic imperfectly competitive economy in
which introducing some distortive taxation increases both allocation efficiency and stabilization.

Item Type: Article
Language: English
Date: February 2001
Refereed: Yes
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 18 Jan 2012 05:47
Last Modified: 07 Mar 2018 13:20
OAI ID: oai:tse-fr.eu:1353
URI: http://publications.ut-capitole.fr/id/eprint/1365

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